[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  wincy.eth [@gusik4ever](/creator/twitter/gusik4ever) on x 9676 followers Created: 2025-07-22 15:02:30 UTC What I learned from today’s @ripchillpill Kaito Launchpad AMA 🧵 I tuned into the space expecting updates, but walked away with a much deeper understanding of how Capital Launchpad works, what went wrong with Espresso, and what’s next > Here's a quick recap: XX. Espresso Launch = Bad Start > $4M raise at $400M valuation > X% TGE, 12-month cliff, then 12-month linear unlock > no details on earlier rounds = zero transparency > most KOLs passed; feels like exit liquidity, not opportunity XX. Everyone had access and that’s a problem > gKaito (the onchain reputation score) isn’t live yet. > but the Espresso deal showed up on everyone’s dashboard; no filters based on activity, yaps, or staking > this contradicts the whole point of a reputation-based Launchpad. > the community expected exclusivity based on merit. XX. How Launchpad actually works Here’s the real structure: > Pledge Phase: you deposit min. $XXXXX USDC into your Kaito smart wallet > Review Phase: the project selects who gets in based on multiple criteria (reputation, region, wallet activity, etc.) > FCFS Phase: remaining allocations go to first-come-first-serve > you must complete KYC (through Persona, not Kaito directly, it's a good move) if you’re selected and then walk away, you lose your deposit! XX. Revenue mechanics Launchpad takes X% fee per raise: > XXX% USDC goes to Kaito. > XXX% in tokens goes to the community (via gKaito holders). gKaito isn’t live yet, but this sets up a direct rev-share model for active participants XX. It’s not for ‘yappers’ and that’s okay > one key point from the AMA: Capital Launchpad isn’t designed for your average onchain participant. it’s a compliance-heavy tool, more tailored for sophisticated projects and investors the project doing the raise has full control over who gets in. Kaito provides the infrastructure, not the selection! XX. My take: Kaito built something powerful. but launching it with a high-valuation, late-stage deal and without gKaito filters -> was tone-deaf to the community they said 2+ more deals are coming if those come with fairer terms and proper gating, Launchpad could still be a win for Kaito users! what is your thoughts about it?  XXXXX engagements  **Related Topics** [tge](/topic/tge) [$400m](/topic/$400m) [$4m](/topic/$4m) [espresso](/topic/espresso) [ama](/topic/ama) [launchpad](/topic/launchpad) [Post Link](https://x.com/gusik4ever/status/1947673616193077396)
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wincy.eth @gusik4ever on x 9676 followers
Created: 2025-07-22 15:02:30 UTC
What I learned from today’s @ripchillpill Kaito Launchpad AMA 🧵
I tuned into the space expecting updates, but walked away with a much deeper understanding of how Capital Launchpad works, what went wrong with Espresso, and what’s next
Here's a quick recap:
XX. Espresso Launch = Bad Start
$4M raise at $400M valuation X% TGE, 12-month cliff, then 12-month linear unlock no details on earlier rounds = zero transparency most KOLs passed; feels like exit liquidity, not opportunity
XX. Everyone had access and that’s a problem
gKaito (the onchain reputation score) isn’t live yet.
but the Espresso deal showed up on everyone’s dashboard; no filters based on activity, yaps, or staking
this contradicts the whole point of a reputation-based Launchpad.
the community expected exclusivity based on merit.
XX. How Launchpad actually works
Here’s the real structure:
Pledge Phase: you deposit min. $XXXXX USDC into your Kaito smart wallet
Review Phase: the project selects who gets in based on multiple criteria (reputation, region, wallet activity, etc.)
FCFS Phase: remaining allocations go to first-come-first-serve
you must complete KYC (through Persona, not Kaito directly, it's a good move)
if you’re selected and then walk away, you lose your deposit!
XX. Revenue mechanics
Launchpad takes X% fee per raise:
XXX% USDC goes to Kaito. XXX% in tokens goes to the community (via gKaito holders).
gKaito isn’t live yet, but this sets up a direct rev-share model for active participants
XX. It’s not for ‘yappers’ and that’s okay
one key point from the AMA:
Capital Launchpad isn’t designed for your average onchain participant.
it’s a compliance-heavy tool, more tailored for sophisticated projects and investors
the project doing the raise has full control over who gets in. Kaito provides the infrastructure, not the selection!
XX. My take:
Kaito built something powerful. but launching it with a high-valuation, late-stage deal and without gKaito filters -> was tone-deaf to the community
they said 2+ more deals are coming
if those come with fairer terms and proper gating, Launchpad could still be a win for Kaito users!
what is your thoughts about it?
XXXXX engagements
